NAVER CLOVA to Present AI Strategy for Business Leaders at NVIDIA GTC 2022

• NAVER's artificial intelligence (AI) division to introduce a new AI development method and share successful cases of its application
• NAVER CLOVA head to highlight AI utilization to solve business problems in various industries
• AI experts to share insights on successful AI usage through world-class infrastructure

SEONGNAM, South Korea, March 20, 2022 /PRNewswire/ -- NAVER CLOVA, NAVER's (KRX: 035420) artificial intelligence (AI) division, announced today that it is presenting at NVIDIA GTC, which runs from March 21-24, 2022. Hosted by NVIDIA, this annual global AI developer conference will include more than 900 sessions delivered by 1,400 presenters, including industry leaders in AI, high-performance computing and computer graphics.

Under the theme 'AI Strategy for Business Leaders,' Chung Suk-geun, head of NAVER CLOVA, will talk about enabling AI transformation with hyperscale AI, and Park Woo-myoung, Conversational AI team leader of NAVER CLOVA, will share insights and cases from experts who performed successful AI applications through world-class infrastructure.

In May 2021, NAVER CLOVA introduced HyperCLOVA, the first hyperscale AI language model in Korea. Based on its leading research and development (R&D) capabilities and global network of AI experts, as well as robust data from NAVER services, NAVER began operating an NVIDIA DGX SuperPOD supercomputer with a capacity of 700 petaflops (PF) in October 2020 to accelerate development of its hyperscale AI. NAVER is the first among private companies in the country to implement such infrastructure.

NAVER's implementation of AI applications to its real-world services and products globally is unmatched. Hyperscale AI is now being applied across NAVER services, including search and shopping, which are widely used by Koreans. NAVER CLOVA's AI technology is also used by many third parties that are incorporating AI capabilities in their products and services. National government agencies and local administrations are using NAVER's AI-powered conversation agent call services to help monitor COVID-19 patients throughout the prolonged pandemic and to communicate with senior citizens as part of social welfare services.

Through constant R&D with the world's leading AI experts, NAVER CLOVA will continue advancing its AI technology to become an AI-transformation enabler for everyone from small businesses and creators to third-party developers, with the aim of providing easy-to-use 'AI to empower everyone.'

At GTC, NAVER CLOVA will introduce various case studies of AI use which have shown promising results in solving problems as the technology advances. NAVER CLOVA will also introduce a new AI development methodology used in developing HyperCLOVA as a solution to replace existing AI models that tend to rely on the modeler's capabilities and lengthy development periods.

Interested parties can sign-up for NAVER CLOVA's sessions through the GTC website.

NAVER CLOVA's sessions at GTC will include:

• Enabling AI Transformation with Hyperscale AI: Chung Suk-geun, head of NAVER CLOVA, will discuss cases of solving business problems across various industries, such as customer service, commerce and public service/healthcare, by building common intelligence based on hyperscale AI. The session also includes key factors for businesses to consider when adopting hyperscale AI. The 50-minute session will start at 10 a.m. KST (GMT +9) on March 24.
• Achieving AI success with world-class AI infrastructure – Insights from AI High performers: Park Woo-myoung, Conversational AI team leader at NAVER CLOVA, will be among a panel of AI implementers who've deployed AI at scale by using NVIDIA DGX systems, sharing what they are doing to achieve maximum bottom-line impact with AI. The implementers will share their learnings and best practices for businesses to uncover insights faster and ensure higher returns on investment in AI projects. The 50-minute session will start at 6 a.m. KST (GMT +9) on March 23.

The links to each session above will be available to watch after the event ends.

About NAVER

Founded in 1999, NAVER is Korea's largest Internet company with hundreds of millions of users worldwide. As a global technology company, it operates the No.1 search engine in Korea, NAVER, as well as other online services, such as LINE mobile messenger, Webtoon and Webnovel publishing, SNOW video camera app and ZEPETO metaverse platform. NAVER recorded sales of KRW 6.8 trillion (USD 5.6 billion) in 2021 and is pursuing changes and innovations in technology platforms through continuous research and development of future technologies, such as artificial intelligence, robotics and mobility.

For media inquiries, please contact Weber Shandwick Korea, NAVER Corporation's global PR agency, at [email protected].

SOURCE Naver Corporation